Tag: mt4

Why do so few traders engaged in wave analysis ???

Question is not new and not old.

Each gives his answer. From my point of view of three reasons:

Not very clear, and very precisely formulated rules for the identification of wave patterns.It is very broad "admission" the ratio of the wavelength, the duration in many cases do not take into account also simplified the rules and the use of alternating channels.Adding to the problem ….

The abundance of literature compiled.Primary sources can be counted on the fingers, but "authors" …..Everyone is trying to bring something "his": Simplifying assuming introducing his trilogy, and as a result is only more confusing beginners.

No (absent) normal
environment for conducting wave analysis in the most
common
client
terminal MT4 andMT5.

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WaveTrend Momentum Oscillator

WaveTrend Momentum Oscillator – a modification of the popular and convenient WaveTrend oscillator. WaveTrend Momentum Oscillator adds a component in the calculation of the rate of WaveTrend, to more quickly provide more accurate entry point in a trending market.

Do you prefer the original oscillator WaveTrend? WaveTrend Momentum OscillatorIt allows you to switch between the tempo and the original versions of the WT. They both provide valuable information depending on market conditions.

When WT lines are above the level perekuplennosti and intersect below the control line, it is a good signal to sell. When WT lines are above the level pereprodannosti and intersect above the reference line, it is a good signal to buy. Colored circles indicate the signals to buy and sell. Differences between WT and price movement may indicate an upcoming turn.

alerts

We added the sending of audio, pop-up and e-mails at intersections WaveTrend in overbought conditions (sell signal) and oversold (buy signal). Levels perekuplennosti pereprodannosti and selected by the user. Information about the e-mail recipients and SMTP must be indicated in the MT4 settings before using e-mail alerts.

Options

WaveTrend Type (Momentum or Original): Selection or tempo of the original type indicator WaveTrend

Calculation period (Default = 10): the number of bars to calculate WaveTrend

Averaging period (Default = 21): the number of bars for averaging WaveTrend

Momentum Length (Default = 4): the number of bars for the calculation of the rate of WaveTrend

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WY Harmonic Searcher I MT4

Indicator – an assistant. Multicurrency. Multiperiodny. Multiznakovy. Detects harmonics with a variable damping factor “d”. To search uses the method srednemodulnogo deviation medians. It has many customizable options. Simple and easy to use tool. For this product is facilitated WY Pattern Searcher P6 I MT4.

Expert – version

Item display

Key:

Show Basic Spline – Displays a basic spline

Show Help Spline – Spline auxiliary display

Show Spline Labels – display the names of the splines (adjusted later)

Use Following Spline – including following mode (dorisovki formation as it is formed)

Play Warn. Sound On Detect – beeps at regular formations detected

Play Warn. Sound On Following – beeps when current formation dorisovki

Play Warn. Sound On Following Break – beeps when changing current formation

Clean Old Splines – removes any formation with graphics but the last Splines In Memory

Splines In Memory – to leave the past in the chart formations

Font Size – the size of the text splines

Font Y Coordinate Accumulation – shift on the Y coordinate of the text relative to the anchor point

Font X Coordinate Accumulation – the shift of the text on the X coordinate with respect to the anchor point

Enable / disable the search of certain types of harmonics:

Searching HARMONIC (a) – searching for the continuation of harmonic oscillations in a horizontal line of the last crest

Searching HARMONIC (b) – search harmonic oscillations

The parameters of a single type of harmonics with the name “Har Name.”:

“Har Name.” Label – name of the formation

“Har Name.” Label Color – the color of the text names

“Har Name.” Main Spline Color – the color of the main spline

“Har Name.” Help Spline Color – the color of the auxiliary spline

“Har Name.” Help Dot Color – the color of the auxiliary dashed lines

“Har Name.” Help Spline Y – auxiliary spline is spaced upward a specified number of points

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MACD Turbo with Push and Email Alerts

MACD indicator Turbo is a customizable MACD histogram, push-notifications, pop-up alerts, and alerts, sent by e-mail. You can set the MACD calculation parameters and manage alerts system. Alerts are triggered when MACD line crossing the zero level, and at the intersection of the signal line and MACD line. You can also choose whether to be a complete intersection (Printed) or you just touch lines (Touch). Touching may not become a complete intersection after the formation of the spark current / period.

Options

Use Alert Pro Speech Synthesis: use the Alerts Pro system – a module of synthetic notifications, which generates the synthesized voice announcements (available separately)

Display the Histogram: If true, it displays a histogram – a delta between the MACD and signal lines. Useful for detecting trend changes

In the pop-up settings window: Select the desired alert and mode (tip and / or sound and / or email and / or push-notification)

Then in the graph: Select the bell icon (double-click) and drag it. At the next tick has arrived it will return to its original position, but the color change to indicate that its status has changed. Color change from red to green indicates that Alethea activated. From green to red – off.

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Spread Average

The indicator displays the value of the size of each candle in an additional window at the points, the average value for the prescribed period, and also a signal of exceeding the last spark mean value multiplied by a predetermined coefficient. In the formation of the signal can be displayed in a popup message or / and sent alerts to email and the mobile terminal. The indicator uses MovingAverages.mqh library from a standard set of software MT4.